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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

What are the elements of a tax qualified LTC policy?

According to the U.S. Department of Health and Human Services, someone turning 65 has nearly a 70% chance of needing some form of long-term care services and support in their lifetime. Understanding **what are the elements of a tax qualified LTC policy?** is vital for securing favorable tax treatment for your future care needs.

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4 min

Do most seniors have long-term care insurance? A look at the numbers

Less than 15% of older adults aged 65 and over have a private long-term care insurance policy, shattering the common misconception that most seniors have long-term care insurance. This low ownership rate, despite the high likelihood of needing care, leaves many families financially vulnerable to potentially high out-of-pocket costs.

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4 min

How old is the typical purchaser of long-term care insurance?

According to the American Association for Long-Term Care Insurance (AALTCI), the sweet spot for purchasing a policy is between ages 55 and 65, with most buyers falling within the 50-to-69 age range. However, there is no single answer to how old is the typical purchaser of long-term care insurance, as this depends on a variety of factors, including health, finances, and personal circumstances.

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